Activity in Kuwait real estate picks up in 2012

Analysis published by NBK shows Kuwaiti real estate sales during December totaled KWD 363 million, more than double the amount of the same month of 2011. Similar to November, the large y/y increase was a result of strong sales in all three major real estate segments. As for the full 2012, total sales reached KWD 3.1 billion, up 16 per cent compared to 2011 and indicating a generally healthy year for sales.